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A Resolution Authorizing the Execution of a Settlement Agreement in Workers’ Compensation Case Number 23 WC 28845
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Introduction
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It is requested that the Village Board authorize the execution of a settlement agreement in Workers’ Compensation Case Number 23 WC 28845
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Recommended Action
Authorize the execution of the Agreement.
Prior Board Action
On February 12, 2025, the Board authorized the settlement of Workers’ Compensation Case Number 23 WC 28845 by Patrick Sanchez.
Background
The agreement in the case sets forth the settlement terms pursuant to the parameters authorized by the Board on February 12, 2025.
Timing Considerations
This agreement is fully negotiated, and approval of the agreement allows the case to be closed at the Illinois Workers’ Compensation Commission.
Budget Impact
The amount of the settlement is paid out of the Village’s self-insured retention fund.
Staffing Impact
Authorizing the agreement and closing this file will reduce the time spent on the matter by in-house legal staff and outside counsel.
DEI Impact
There is no DEI impact associated with this item.
Community Input
There is no community input associated with this item.
Staff Recommendation
Authorize the execution of the settlement agreement.
Advantages:
• The settlement represents a $40,000 savings over anticipated trial exposure, closes the file, and eliminates ongoing medical expenses.
Disadvantages:
• There are no disadvantages to the recommendation.
Alternatives
Alternative 1:
Decline to authorize the execution of the settlement agreement.
Advantages:
• There are no advantages to this option.
Disadvantages:
• Declining the agreement may result in an increased cost of time spent by outside counsel.
• The Village may face additional liability exposure.
Anticipated Future Actions
There are no anticipated future actions associated with this item.
Prepared By: Tony S. Fioretti, Assistant Village Attorney
Reviewed By: Jack Malec, Assistant to the Village Manager
Approved By: Kevin J. Jackson, Village Manager
Attachment(s):
1. Resolution